East 42nd Office Rental

Midtown Office for Lease - $ Negotiable / 14528 SF.

The following office offers an ample efficient business layout that includes a large number of private offices (6 of which are partner offices), 19 private perimeter offices and 10 internal offices, an open work area with 12 workstations, all of which is serviced by 4 conference rooms, I.T. Office / Server Room, and a large staff pantry. Furthermore the office features a Server Room with supplemental AC. The historic building property stands close to the New York Public Library offering close proximity to all forms of public transportation. In addition this office also provides the future tenant with an emergcy generator!

In total - you get a fresh open layout in which to configure your office space / operations; great for any accounting, financial, media, tech, or any other professional use as well as any business looking for an exciting office space in Midtown East Manhattan.

Neighoborhood Information
Midtown Manhattan, or simply Midtown, represents the middle lengthwise portion of the borough and island of Manhattan in New York City. Midtown is home to some of the city's most iconic buildings, including the Empire State Building, the Chrysler Building, and the headquarters of the United Nations.

Midtown Manhattan is the largest central business district in the United States and ranks among the most intensely used pieces of real estate in the world.

Even as some buildings in the core of Midtown are seeing modest rents, the average asking rent for the market overall rose substantially. In Midtown, the city's premier office market, the average taking rent inked with landlords was $75.73 per square foot. Taking rents are increasing as the high end of the market improves, drawing the overall averages upward, but in older buildings in some areas, rents have stalled. Grand Central and the East Side, they are flat year-over-year. Grand Central [for example] tends to be a value play. The availability rate is up slightly in Midtown due to large new availabilities along the Third Avenue and Park Avenue corridors...